Bank of America Corp. upgraded Enable Midstream Partners LP (NYSE:ENBL) to Buy in a report released today.
- Updated: November 30, 2016
Bank of America Corp. has upgraded Enable Midstream Partners LP (NYSE:ENBL) to Buy in a report released on 11/30/2016.
Previously on 2/25/2016, Morgan Stanley released a statement about Enable Midstream Partners LP (NYSE:ENBL) increased the target price from $0.00 to $6.00. At the time, this indicated a possible upside of 0.08%.
Just yesterday Enable Midstream Partners LP (NYSE:ENBL) traded 8.70% higher at $15.62. Enable Midstream Partners LP’s 50-day moving average is $15.44 and its 200-day moving average is $14.50. The last stock price is up 7.72% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 1,353,051 shares of ENBL traded hands, up from an average trading volume of 259,461
Recent Performance Chart
Enable Midstream Partners LP has 52 week low of $5.38 and a 52 week high of $16.79 with a PE ratio of 22.28 and has a market capitalization of $0.
In addition to Bank of America Corp. reporting its target price, a total of 10 firms have issued a report on ENBL. The one year target is $13.50 with zero equity analysts rating the company a strong buy, 0 brokers rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and lastly zero brokerages rating the company a sell.
General Company Details For Enable Midstream Partners LP (NYSE:ENBL)
Enable Midstream Partners LP owns, operates and develops strategically located natural gas and crude oil infrastructure assets. The Company operates in two business segments: Gathering and Processing, and Transportation and Storage. It serves production areas in the United States, including several unconventional shale resource plays, and local and regional end user markets in the United States. Its Gathering and processing segment provides natural gas gathering, processing and fractionation services and crude oil gathering for producer customers. Its natural gas gathering and processing assets are located in over five states. Its Transportation and storage segment provides interstate and intrastate natural gas pipeline transportation and storage service to natural gas producers, utilities and industrial customers. Its natural gas transportation and storage assets extend from western Oklahoma and the Texas Panhandle to Alabama and from Louisiana to Illinois.
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